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The Guardian - AU
The Guardian - AU
Business
Patrick Commins

The RBA dithers on its next interest rate cut – but it’s not the political flashpoint it once was

Reserve Bank governor Michele Bullock speaks to media. Today, RBA interest rates were announced as staying the same for now
Reserve Bank governor Michele Bullock has batted away repeated attempts to pin her down on the future path for interest rates. Photograph: Dean Lewins/AAP

The former US president Harry Truman famously asked for a one-armed economist after growing tired of hearing “on the one hand, this” and “on the other hand, that”.

Those listening to Michele Bullock, the Reserve Bank of Australia’s governor, talk about the future path for interest rates may sympathise.

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